Financial Planning Analyst (FP&A)

AECI; Gauteng; On-site; ZAR 30,000 - 50,000; Full time

Job summary

A leading company in the chemical industry is seeking a Financial Analyst in Gauteng. The role involves driving financial planning, leading budgeting processes, conducting detailed financial analysis, and ensuring strong internal controls. Ideal candidates will possess strong analytical abilities and a degree in finance or accounting.

Qualifications

• Strong analytical and financial modeling capabilities are essential.
• Ability to deliver insightful financial reports and dashboards is a must.
• Experience with data reconciliation and variance analysis preferred.

Responsibilities

• Drive financial planning and analysis to support strategic decisions.
• Lead budgeting and forecasting processes in the Plant Health segment.
• Conduct financial analysis for customer and product profitability.

Skills

Financial Analysis

Data Governance

Budgeting

Internal Controls

Presentation Skills

Education

Bachelor's Degree in Finance, Accounting, or related field

Job description

• Drive financial planning and analysis to support strategic decision-making across the organization.
• Lead and coordinate the annual budgeting and periodic forecasting processes within the Plant Health businesses.
• Support and enhance internal financial controls, particularly in areas related to data accuracy, reconciliation, compliance and credit control .
• Maintain and govern financial master data to support data integrity, reporting accuracy and ensure robust financial analysis can be performed across all business units.
• Financial Analysis :
• Conduct in-depth financial analysis to support strategic and operational decision-making.
• Identify trends, risks, and opportunities through data-driven insights including that of customer and product profitability.
• Develop and maintain financial models to evaluate business scenarios and support planning, including the development of forecast models, EVA models and similar
• Collaborate with business units to align financial plans with operational objectives.
• Lead the annual budgeting and periodic forecasting processes across multiple entities, including developing and implementing different periods of forecasting
• Consolidate and analyse budget submissions, ensuring alignment with strategic and operational goals.
• Support long-term financial planning and scenario analysis as part of the budgeting and forecasting processes, including constant updating of the model to factor in key business changes.
• Collaborate with business units to gather inputs, validate assumptions, and ensure accuracy.
• Monitor performance against budget and forecast, identifying key variances and trends.

FP&A Business Partnering :

• Provide FP&A analysis, interpretation and support to business including variance analyses and financial dashboards.
• Analysis of customer & product profitability and interpreting results to drive decision making towards more profitable business
• Provide financial insights and commentary to support business decision-making, especially around agent profitability, EVA and RONA generation.
• Coordination of the escalation or identification of issues and advise finance leadership of potential business and / or operational risks, as well as developing and implementing proposed solutions to mitigate those risks.

Proactive Financial Management And Internal Control :

• Identify and understand business challenges whilst proposing and creating solutions.
• Ensuring a robust internal control environment is implemented and monitoring controls to ensure their effectiveness
• Dive deeply into financial data and become a subject matter expert in providing additional insights.
• Identify and research variances to forecast, budget, and prior-year expenses, revenues and material costs, proactively identifying opportunities for improvement.
• Create presentations that provide insightful analysis, identify required action items, and effectively frame decisions to be made including for Board and Management meetings.

Master Data Management :

• Maintain and ensure accuracy of financial master data, including GL accounts, cost centres, and product hierarchies.
• Collaborate with IT and operations to ensure consistency and integrity of data across systems.
• Support data governance initiatives and contribute to system improvement projects.

Balance Sheet Reconciliations :

• Investigate and resolve discrepancies in balances in collaboration with supply chain and operations teams in respect of inventory balances
• Ensure reconciliations are completed in line with internal control requirements and audit standards.
• Contribute to the continuous improvement of reconciliation processes and documentation.

People Management and Development :

• Support development of direct reports and indirect reports, including coaching and relevant on the job training.
• Training of the business and other support functions in various finance areas.

Adhoc projects & support as required by management

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